Court to decide on last-ditch bid to save Barryroe

Goodman-backed oil firm applies for examinership to consider pivot to green energy projects

Larry Goodman, who holds a 20 per cent stake in Barryroe Offshore Energy. Picture: Colin Keegan, Collins

Barryroe Offshore Energy, the Larry Goodman-backed oil exploration firm, looks set to enter a dramatic last-minute examinership process to save the business after no objections were lodged against the proposed move by creditors of the company.

The examinership application, which is subject to court approval tomorrow, was first proposed on July 21 by Vevan Unlimited, a vehicle controlled by beef baron Goodman, in a bid to shield Barryroe from its creditors and give it time ...